शुभ दीपावलीDiwali offer: 3 months free on yearly plans · ends 11 NovSee plans
BSEFortis Malar Hospitals Ltd· Healthcare ServicesHighNeutral
Announced Thu, 9 Oct, 2025 · 18:12 IST

The relevent disclosure is attached.

Open offer triggeredListed-company acquisitionStrategic Transactions View source PDFExplain this filing

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+0.6%Reaction day
₹68.48
prior close
₹68.10
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+0.7%-0.1% vs market
Hospital peers, median of 20sector-0.2%+0.8% vs sector

On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250 and 0.8 pts more than its Hospital peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
+2.2
10m
+1.6
15m
+1.3
30m
-0.1
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+0.6+0.7-0.1-0.2+0.8
Next day
-2.6+0.1-2.7+0.6-3.2
2d
-3.0-1.0-2.0+0.3-3.3
3d
-2.7-0.0-2.7+0.4-3.2
4d
-3.2+0.5-3.7+0.7-3.9
5d
-1.1+0.0-1.1+1.4-2.4
1w
+0.3+2.1-1.7+2.9-2.5
15d
-2.1+2.9-5.0+1.2-3.3
1m
-4.3+0.4-4.7-0.8-3.5
2m
-11.7-5.0-6.7-5.6-6.0
3m
-15.6-7.1-8.5-9.3-6.4
UpDownMarket · Nifty Microcap 250Sector · Hospital peers, median of 20Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

IHH Healthcare Berhad has received SEBI approval and dispatched the Letter of Offer for the Malar Open Offer on October 9, 2025. The open offer is for acquisition of up to 4,894,308 equity shares, representing 26.11% of the voting share capital of Fortis Malar Hospitals. The offer price is INR 17.6 per share, with eligible public shareholders (those who held shares on December 24, 2018 and continue to hold as of the identified date of October 6, 2025) also entitled to interest of INR 18.36 per share at 10% per annum from the Supreme Court order date of September 22, 2022. This is part of IHH's broader transaction that includes a preferential allotment in Fortis Healthcare and an open offer for Fortis Healthcare shares. The transaction is expected to be completed in Q4 2025.

Likely market impact

Eligible shareholders can now tender their shares at INR 17.6 plus interest of INR 18.36 per share, potentially representing a meaningful exit opportunity. The offer price sets a near-term price benchmark for the stock, and successful completion will increase IHH's stake in Fortis Malar.